Monday, August 01, 2011

When talking heads converge

The public finance wonk in me just loves this.  Just passing on what the CP had a few days ago actually.  Seems that even though everyone was talking about how important the film industry tax credit in Pennsylvania was to luring the mega Batman production to town, it seems that the producers did not even apply for the credit at all

Note the UK's Daily Mail has a piece just out all about the job impact of the Batman filming in Pittsburgh. They didn't get the memo though, or read the CP article...  no mention of the film credit at least in their piece.  Note also the mention of Bloomfield's own Paul Lumber.  The Home Depot PR department lost that one.

and just a random stray neuron... When everyone was getting excited last week about the Batman spotlight in the sky, I wondered if anyone ever tried anything similar with the old Zeiss projector?


Blogger RoboticGhost said...

Well, God save the Queen.

The Dark Knight Rises has a $250 million budget and will likely reap in over a billion dollars when all is said and done. The tax credit is sort of a marginal consideration, I'd imagine, for an enterprise of this size.

By comparison, The Next Three Days had a budget of $30 million and made about $62 million.

One day somebody will trot out a number detailing just how much lucre Batman left in his wake. The number will likely be nonsense, but the reality is that a nice chunk of that $250 million (and ancillary cash from crew and lookieloos) will be left behind. Downtown hospitality workers that I know are already over the moon.

Monday, August 01, 2011 10:05:00 AM  
Anonymous MH said...

Somebody should spend a little of that cash to figure out how to get traffic from Forbes onto 5th when Bigelow is closed by the Cathedral of Learning. I’d guess that just retiming the lights would prevent more greenhouse emissions than a shipment of Prii.

Monday, August 01, 2011 10:15:00 AM  
Anonymous MH said...

The movie people spread snow all over the steps of the Mellon Institute. They weren't allowed to get the snow on 5th avenue because nobody knows how to remove snow from 5th Avenue.

Monday, August 01, 2011 1:11:00 PM  
Anonymous BrianTH said...

I think you could make a roundabout argument for the film credit having helped bring Batman here by helping bring in prior productions, thereby funding the development of some local film infrastructure and helping to market the region to Hollywood.

But in any event, the film credit can probably justify itself (at least from a Pittsburgh perspective--the state's perspective may warrant different analysis) based on the smaller productions that have used it. And I personally think the real prize would be getting a TV series to shoot here (Locke & Key being a somewhat near miss).

Monday, August 01, 2011 1:40:00 PM  

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